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David Rohweder, Ford's Global Chief Engineer for tire and wheel engineering said, "Tire technology, pressures and wear can make a big difference to a vehicle's fuel economy, so the company is working closely with leading tire comp

New fuel efficient, low resistance tires developed by Ford (NYSE:F) are expected to advance fuel economy by up to 2 mpg and are likely to be featured in Ford's up and coming C-Max Energi, C-Max Hybrid and the Focus Electric Cars.

Hertz Global Holdings Inc. (NYSE:HTZ) shares jump 8.3% to $15.29 Tuesday. This was a reaction to Avis Budget Group Inc.'s (NASDAQ:CAR) purchase Avis Europe for $1 billion. The two companies have been back and forth in trying to ac

Toyota Motor Corp (NYSE:TM) has received 52,000 orders for the new Prius hybrid minivan in Japan, only one month after its launch. The new model, called the Prius Alpha had an initial sales target of 3,000, set by the company. The

It is Ford's twelfth vehicle to earn the award. The announcement comes a day after the Euro NCAP gave the new Focus its maximum 5-star overall safety rating after concluding its tests on the car.

"We were committed from the beginning with the new Focus to design and engineer a vehicle that leads the way both in terms of technology and safety," said Gunnar Herrmann, Global C Car vehicle line director.

The Insurance Institute for Highway Safety announced today it has awarded Ford Motor Company's (NYSE:F) 2012 Focus a "Top Safety Pick" rating.

Good Morning. It's Monday, May 9, 2011. At this hour, U.S. equity futures are pointing to a higher open. Overseas, the Asian markets were mixed , while the European markets are to the downside. Hertz Global (HTZ) offered to acquir

The World Car Awards has a new winner. The Nissan Leaf takes home the top honor as the 2011 World Car of the Year at the The New York auto show. The electric car beat out it's two top competitors: the Audi A8 and BMW 5-series an

The bank sees 2011 EPS of $1.75 down from $2.40, vs. the consensus for $1.84 per share, and 2012 EPS of $1.95 down from $2.45, vs. the consensus estimate of $1.96 per share.

The revisions are based on the continued improvement in Ford's operating results which should lead to a reversal of almost all of Ford's valuation allowance against deferred tax assets as soon as the second half of this year.

Morgan Stanley lowered its EPS estimates for Ford Motor Company (NYSE:F), while maintaining its overweight rating and $21 target price for the company.

The temporary shutdown of the company's 13 factories in North America is inevitable, the company said. How long the production stoppage will last is unknown.

Toyota Motor Co (NYSE:TM) announced earlier today that they will have to close down all of their North American factories by the end of this month due to a parts shortage caused by the damage from the Japanese earthquake and tsuna